Articles tagged “ancillary revenue”

Hotels

Investors Rethink Hotel Sector’s Main Performance Metric

Every commentary on hotel performance refers to revenue per available room as a key industry metric — RevPAR. Yet non-room revenue from cafes, co-working, spas, and events is growing in importance. Hoteliers should focus more on overall earnings per square meter.
Travel Technology

Plusgrade Buys UpStay in Rollup for Travel Upselling

Plusgrade, a Montreal-based company that helps travel businesses persuade travelers to spend more, has acquired UpStay, a growing provider of upgrade and ancillary revenue solutions for hotels, Plusgrade said Tuesday.…
Travel Technology

Skift Webinar: How Ancillaries Drive Revenue and Customer Experience

Travelers today seek both flexibility and assurance in the face of uncertainty. With loyalty and revenue on the line, how can companies manage this unique inflection point in travel’s return? Watch this webinar to find out.
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Travel Technology

5 Tips for Unlocking Ancillary Revenue Throughout the Traveler Journey

Selling unbundled services doesn’t automatically translate to bottom-line results. As travel brands navigate the road to recovery, a successful ancillary strategy relies on a balance of human creativity and machine-based learning to deliver the right message about the right product at the right time.
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Travel Technology

How Artificial Intelligence Is Optimizing Airline Ancillary Revenue

Deep learning and artificial intelligence (AI) are helping airlines connect the dots to achieve total revenue optimization. Ancillary strategies, which produce higher margins by influencing the right differentiated purchases at the right time, are increasingly important to this goal.
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